Latest
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U.S. investors asks Washington to probe Seoul's treatment of Coupang
SEOUL, January 22 (AJP) -Two major U.S. investors in Coupang Inc. have asked the U.S. government to investigate its Korean counterpart over what they describe as discriminatory treatment of the U.S.-based e-commerce platform commanding dominant market in Korea, raising the prospect that a corporate dispute could spill into a bilateral trade issue. Technology investment firms Greenoaks and Altimeter said Thursday that they have petitioned the U.S. Trade Representative (USTR) to e
January 22, 2026
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BTS countdown begins as album drop, Gwanghwamun street show take shape
SEOUL, January 22 (AJP) — The countdown has begun. Global K-pop phenomenon BTS is preparing a long-awaited return — not on a closed stadium stage, but potentially on the streets of central Seoul — as the group plans to unveil new music for the first time in nearly four years ahead of its upcoming ARIRANG world tour. The focal point of the comeback calendar is March 20, when BTS is set to release a new album and make its first public appearance as a full seven-
January 22, 2026
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PHOTOS:The story of fishing village in Sokcho
Gangwon, January 22 (AJP) — The sea off Sokcho was calm. Walking along Cheongcho Lake toward the gaetbae landing, the ferry began to move slowly as people pulled hard on the iron rings attached to the cable. For visitors, the gaetbae is a novel experience. For locals, it was once the only way to get across. Riding the pulley-operated ferry leads to Abai Village, a neighborhood shaped by displacement and time. Abai Village was formed by disp
January 22, 2026
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Blunt FX language fuels speculation, but steadies the won — for now
SEOUL, January 22 (AJP) - Alongside South Korea’s blistering equity rally, the foreign-exchange market has emerged as the economy’s most sensitive fault line, dominating monetary policy briefings and even the president’s New Year’s press conference. From U.S. Treasury Secretary Scott Bessent’s remark that the won’s level is “not in line with Korea’s strong economic fundamentals,” to Bank of Korea Governor Rhee Chang-yong’
January 22, 2026
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Stocks at record highs, growth at 1%: Korea's market–economy divide widens
SEOUL, January 22 (AJP) -Korean stock market pushed deeper into uncharted territory Thursday, with the KOSPI briefly climbing over the 5,000 mark before closing just below the milestone, a historic high unfolding even as economic growth remains stuck near 1 percent, highlighting a widening gap between buoyant asset prices and a fragile real economy. The growth outlook marks the weakest performance since the economy contracted 0.7 percent in 2020 during the height of the COVID-19 p
January 22, 2026
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Gwangyang wildfire fully contained after 13-hour operation
SEOUL, January 22 (AJP) - Authorities have contained a major wildfire in Gwangyang, South Jeollanam Province, that triggered Level 1 emergency response measures due to rapid spread driven by strong winds. The blaze, which broke out at 3:31 PM on the 21st in the hills of Mukbaek-ri, Okgok-myeon, Gwangyang, reached 100 percent containment as of 10:00 AM today, 13 hours and 37 minutes after ignition. Forest authorities activated nighttime firefighting operations at sunset, deployi
January 22, 2026
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BTS's V holds photo book exhibition
SEOUL, January 22 (AJP) - BTS member V is holding an exhibition to commemorate the release of his photo book from Jan. 20 to Feb. 1 at Frieze Seoul in Jung-gu, Seoul. The exhibition, titled "V TYPE 非: ON-SITE IN SEOUL," features three-dimensional displays of photos from the book along with previously unreleased photos and videos available only at the venue. Meanwhile, V and BTS are set to make a comeback on March 20 with their fifth full-length album "ARIRANG."
January 22, 2026
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Prosecutors appeal ex-president's sentence in martial law-related case
SEOUL, January 22 (AJP) - Former President Yoon Suk Yeol's case over charges of alleged obstruction of law enforcement will go to an appeals court after Yoon and prosecutors decided to appeal the first ruling. Independent prosecutors said they reached the decision on Thursday, days after Yoon immediately appealed last week's verdict. In the first ruling delivered last Friday, Yoon was sentenced to five years in prison for obstructing investigators and other officials wh
January 22, 2026
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In wintry Korea, grandma's vest turn practical warmth into style
SEOUL, January 22 (AJP) — What was once dismissed as a purely functional item worn by Korean grandmothers has quietly become a global fashion statement. “Grandmacore” — a trend rooted in nostalgia, domestic hobbies like knitting and baking, and unapologetically cozy silhouettes — has caught on with fashion-forward MZ women worldwide. At the center of this movement is an unlikely hero: the flowery, quilted vest South Korean grandmas wear to stay warm
January 22, 2026
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KOSPI flirts with 5,000 landmark despite grim GDP
SEOUL, January 22 (AJP) - South Korea’s benchmark KOSPI has touched the 5,000 mark for the first time in its history to cause euphoria on Thursday when the country reported a grim economic data, showing the gross domestic product contracting 0.3 percent in the fourth quarter. The KOSPI closed 0.9 percent up at 4,952.53 after rising as high as 5,019.54. The main index has cracked a new four-digit momentum in just two months since passing the 4,000 mark.
January 22, 2026